Employees: 373
Size Saturn Oil & Gas (SOIL.TO) is a Canada Energy company (Integrated Oil) with a market value of $941M, the 252nd largest of 420 Canada companies the cockpit tracks. Shares closed at C$7.41 on 6 Nov 2026.
Performance Over six months the shares gained 12.8%, against -12.7% for the median peer and +5.2% for the Canada market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 5.7% over the last twelve months (peer median +23.2%); the operating margin is 27.8% (peer median 21.5%).
Valuation It trades at 3.0× forward earnings against a peer median of 6.9× (cheapest of 14).
Price implies For today's price to make sense, revenue must grow about -14% a year for seven years (Req g). Recent delivered growth is +162%, so the hurdle is -176 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 6.5 points above its cost of capital (5.1% WACC).
Credit Saturn Oil & Gas has 1 bond outstanding ($575M), rated B+ by the agencies and trading like B at a weighted spread of 315 bp.
Next results Next results expected around 16 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$984M | C$882M | C$807M | C$625M | C$323M |
| Revenue growth | — | +9% | +29% | +93% | — |
| Gross profit | C$309M | C$233M | C$295M | C$271M | C$181M |
| EBITDA | C$596M | C$518M | C$516M | C$395M | C$223M |
| Net income | C$45.5M | C$168M | C$54.1M | C$291M | C$74.8M |
| Free cash flow | C$205M | C$216M | C$65.6M | C$153M | C$15.1M |
| Capital expenditure | C$237M | C$241M | C$246M | C$131M | C$89.1M |
| Total debt | C$818M | C$827M | C$952M | C$458M | C$247M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SOIL.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.2% | -7.6% | 6th highest of 21 |
| 6-month return | +12.8% | -12.7% | 4th highest of 21 |
| Distance from 52-week high | -25.1% | -32.0% | 10th highest of 21 |
| Revenue growth (TTM) | +5.7% | +23.2% | 8th lowest of 20 |
| Operating margin | 27.8% | 21.5% | 6th highest of 20 |
| Forward P/E | 3.0× | 6.9× | cheapest of 14 |
| Growth the price implies (Req g, 7 yrs) | -13.8% | -7.9% | least demanding of 11 |
| Growth delivered (Del g) | +161.8% | +8.9% | 2nd highest of 11 |
| Hurdle (Req g minus delivered) | -175.6 pp | -15.5 pp | least demanding of 11 |
| ROIC minus cost of capital | +6.5 pp | +2.3 pp | 5th highest of 20 |
| EV / EBITDA | 3.6× | 4.9× | 4th cheapest of 15 |
| Net debt / EBITDA | 1.4× | 1.0× | 5th most indebted of 15 |
| Bond spread | 315 bp | 330 bp | 2nd tightest of 4 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Saturn Oil & Gas SOIL.TO | Canada | $941M | +13% | +6% | 28% | 3.0× | -13.8% | +161.8% |
| Shanxi Blue Flame 000968.SZ | China | $961M | -28% | -1% | 14% | n/a | -6.8% | +7.9% |
| Riley Exploration Permian REPX | United States | $913M | +24% | +23% | 39% | 4.2× | -7.1% | +164.3% |
| Tamboran Resources TBN | United States | $1.01B | -19% | n/a | n/a | n/a | n/a | n/a |
| China Risun 1907.HK | Hong Kong | $841M | -45% | -2% | 3% | 9.0× | n/a | n/a |
| Infinity Natural Resources INR | United States | $811M | -17% | +75% | 44% | 4.5× | n/a | n/a |
| Sino Geophysical 300191.SZ | China | $1.10B | -47% | +136% | 14% | n/a | n/a | n/a |
| Sino Prima Gas Technology 300483.SZ | China | $1.11B | -15% | +40% | 24% | 12.5× | -8.7% | +13.3% |
| Totalenergies EP Gabon EC.PA | France | $1.14B | -5% | -13% | 25% | n/a | -10.7% | -0.6% |
| TXO Partners, L.P TXO | United States | $728M | +7% | +50% | 23% | 6.9× | -13.3% | +36.9% |
| Logan Energy LGN.V | Canada | $726M | +61% | +64% | 28% | 9.3× | n/a | n/a |
| Kosmos Energy KOS | United States | $1.26B | -23% | +23% | 23% | 4.6× | -6.4% | +9.9% |
| Birchcliff Energy BIR.TO | Canada | $1.29B | +3% | +10% | 20% | 13.5× | 1.9% | +5.8% |
| Geo-Jade Petroleum 600759.SS | China | $1.33B | -54% | +42% | 30% | n/a | -0.7% | +2.8% |
| Greenfire Resources GFR.TO | Canada | $1.36B | +3% | -2% | 17% | n/a | n/a | n/a |
| United Energy 0467.HK | Hong Kong | $1.44B | -10% | +28% | 14% | 3.6× | n/a | n/a |
| Kelt Exploration KEL.TO | Canada | $1.45B | +4% | +30% | 17% | 12.4× | n/a | n/a |
| Mach Natural Resources LP MNR | United States | $1.50B | -35% | +39% | 22% | 5.9× | -10.0% | +2.9% |
| Okea OKEA.OL | Norway | $513M | +19% | +2% | 36% | 4.8× | n/a | n/a |
| Senton Energy 001331.SZ | China | $1.75B | -24% | -24% | -1% | n/a | n/a | n/a |
| Hankook Shell Oil 002960.KS | South Korea | $500M | +3% | +4% | 16% | 17.1× | -10.0% | +11.5% |
Saturn Oil & Gas has 1 bond outstanding with $575M face value. The agencies rate it B+; its bonds trade like B. Weighted yield 7.78%, a spread of 315 bp over government bonds.